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Changpeng Zhao Was Aware of Wash Trading on Binance.US: Report
The US Securities and Exchange Commission (SEC) alleged Binance.US to have orchestrated wash trading in a lawsuit against the cryptocurrency exchange. Now, a Wall Street Journal report revealed internal communications of the company, showing Binance’s founder and CEO, Changpeng Zhao, was aware of the wash trading on the US arm. “That was ourself, I think,” Zhao said in an internal message after the launch of Binance.US, which handled about $70,000 in trades in the first hour. Binance.US Has Been...
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Posted: Jul 25 2023, 06:53
Author Name: financemagnates
Views: 110217